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Posts from December 0

Cronyism on Trial: Introducing Crony Chronicles.org & Study of American Capitalism Project

By Robert Bradley Jr. -- March 29, 2013

“How is any American going to feel good about reforming Medicare, Medicaid and Social Security when … businessmen are making off with so many tax dollars?”

– Richard Fink (Koch Industries), quoted in Bill Wilson and Roy Wenzl,The Kochs’ Quest to Save America,” Wichita Eagle, October 13, 2012.

A major political-economy theme at MasterResource is how government intervention stifles value-creating entrepreneurship, or, in the case of mineral resources, resourceship.

MasterResource has chronicled the sorry history of government trying to turn energy losers into winners. Last year alone, this site published 60 blog-posts on the history, operation, and current politics of (government-enabled) industrial wind power. And who can forget Solyndra on the solar side, a name that might enter the textbooks as the Teapot Dome of our time.